MAGNIT PJSC: Change of Share

Dow Jones received a payment from EQS/DGAP to publish this press release.

MAGNIT PJSC (MGNT) 
MAGNIT PJSC: Change of Share 
 
27-Nov-2017 / 15:03 CET/CEST 
Dissemination of a Regulatory Announcement, transmitted by EQS Group. 
The issuer is solely responsible for the content of this announcement. 
 
             Press Release 
 
             Krasnodar 
 
             November 27, 2017 
 
      Magnit Announces the Change of Shares by the Entity under the Issuer's 
             Control 
 
 Krasnodar, Russia (November 27, 2017): Magnit PJSC, one of Russia's leading 
  retailers (the "Company", the "Issuer", MOEX and LSE: MGNT), announces the 
         change of shares by the entity which is under the Issuer's control. 
 
Full company name and address:     Joint Stock Company "Tander" 
 
                                      185, Levanevskogo street, 
                                              Krasnodar, Russia 
           Taxpayer Id Number:                       2310031475 
  Principal State Registration                    1022301598549 
                       Number: 
           Object of disposal:  Ordinary registered uncertified 
                                     voting shares with a state 
                               registration No. 1-01-60525-P of 
                                      04.03.2004, International 
                               Securities Identification Number 
                                        [1] (ISIN) RU000A0JKQU8 
            Disposal of shares 
               Date of change:                November 24, 2017 
    Amount of disposed shares: 770,000 shares (0.814286% of the 
                                                  total equity) 
           Basis for disposal:    Securities transfer agreement 
        Amount of votes before    1,500,000 votes (1.586272% of 
                     disposal:       the total number of votes) 
         Amount of votes after  730,000 votes (0.771986% of the 
                     disposal:           total number of votes) 
 
 Notification and public disclosure of transactions by persons discharging 
    managerial responsibilities and persons closely associated with them 
 
1 
 
   Details of the person discharging managerial 
   responsibilities/person closely associated 
a) Name                         Joint Stock Company "Tander" 
                                (JSC "Tander") 
2  Reason for the notification 
a) Position/status              Notification concerns a person 
                                closely associated with a 
                                person discharging managerial 
                                responsibilities: Denis Fedotov 
                                (CEO of JSC "Tander") 
b) Initial notification/        Initial notification 
   Amendment 
3  Details of the issuer 
a) Name                         Public Joint Stock Company 
                                "Magnit" 
b) LEI                          2534009KKPTVL99W2Y12 
4  Details of the transaction(s): section to be repeated for 
   (i) each type of instrument; (ii) each type of transaction; 
   (iii) each date; and (iv) each place where transactions 
   have been conducted 
a) Description of the financial Share 
   instrument, type of 
   instrument Identification 
   code 
                                ISIN RU000A0JKQU8 
b) Nature of the transaction    Return of shares under Security 
                                             transfer agreement 
c) Price(s) and volume(s)       Price Volume 
                                  0   770,000 
 
d) Aggregated information       Price Aggregated volume 
                                  0        770,000 
 
   - Aggregated volume 
 
   - Price 
e) Date of the transaction      November 24, 2017 
f) Place of the transaction     outside a trading venue 
 
             For further information, please contact: 
 
   Timothy Post          Head of Investor Relations 
 
                              Email: [e-mail] 
 
                    Office: [phone] x 17600 
 
Dina Svishcheva Deputy Director, Investor Relations 
 
                          Email: [e-mail] 
 
                    Office: [phone] x 15101 
 
Media Inquiries          Media Relations Department 
 
                                    [e-mail] 
 
Company description: 
 
   Public Joint Stock Company "Magnit" is one of Russia's leading retailers. 
  Founded in 1994, the company is headquartered in the southern Russian city 
     of Krasnodar. As of September 30, 2017, Magnit operated 36 distribution 
   centers and 15,697 stores (11,743 convenience, 432 hypermarkets and 3,522 
  drogerie stores) in 2,664 cities and towns throughout 7 federal regions of 
             the Russian Federation. 
 
  In accordance with the reviewed IFRS consolidated financial statements for 
     1H 2017, Magnit had revenues of RUB 555 billion and an EBITDA of RUB 49 
     billion. Magnit's local shares are traded on the Moscow Exchange (MOEX: 
    MGNT) and its GDRs on the London Stock Exchange (LSE: MGNT) and it has a 
             credit rating from Standard & Poor's of BB+. Measured by market 
           capitalization, Magnit is one of the largest retailers in Europe. 
 
ISIN:           US55953Q2021 
Category Code:  MSCU 
TIDM:           MGNT 
LEI Code:       2534009KKPTVL99W2Y12 
OAM Categories: 3.1. Additional regulated information required to be 
                disclosed under the laws of a Member State 
Sequence No.:   4919 
 
End of Announcement EQS News Service 
 
633021 27-Nov-2017 
 
 
1: http://public-cockpit.eqs.com/cgi-bin/fncls.ssp?fn=redirect&url=965c6845956e4feb9604c7622f27e237&application_id=633021&site_id=vwd&application_name=news 
 

(END) Dow Jones Newswires

November 27, 2017 09:03 ET (14:03 GMT)